CATHEDRAL HERITAGE FOUNDATION

EIN: 260275248 501(c)(3) Arts, Culture & Humanities

EDEN PRAIRIE, MN

Total Revenue
$474,795
Total Expenses
$477,199
Total Assets
$1,040,335
Net Assets
$1,035,112
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MN
Principal Officer
MARY E SCHAFFNER
Phone
6513006590
Tax Period
2024-07-01 to 2025-06-30

CATHEDRAL HERITAGE FOUNDATION, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $475K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Net assets of $1.0M represent 26 months of operating reserves.

Mission

THE PRIMARY MISSION OF THE CATHEDRAL HERITAGE FOUNDATION IS TO ENGAGE IN ACTIVITIES, INCLUDING FUND-RAISING AND GRANT-MAKING ACTIVITIES TO PRESERVE, RESTORE, MAINTAIN AND ENHANCE THE CATHEDRAL OF SAINT PAUL AS A LANDMARK ON THE NATIONAL REGISTER OF HISTORIC PLACES, AND AS A CENTER FOR EDUCATIONAL, CULTURAL, AND ARTISTIC ACTIVITIES FOR THE PEOPLE OF MINNESOTA AND SURROUNDING AREAS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $393,582
Program Service Revenue $60,089
Investment Income $21,124
Other Revenue $0
TOTAL REVENUE $474,795

Expense Breakdown

Grants Paid $210,313
Salaries & Benefits $0
Fundraising Expenses $19,653
Program Expenses $368,588
Other Expenses $266,886
TOTAL EXPENSES $477,199

Year-over-Year Comparison

2024 2023 Change
Revenue $474,795 $873,521 -0.5%
Expenses $477,199 $1,686,915 -0.7%
Net Income $-2,404 $-813,394 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
24

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY E SCHAFFNER BOARD CHAIR 3.00
Officer Director
$0 $0 $0
BRIAN HARENS TREASURER 2.00
Officer Director
$0 $0 $0
BARBARA H DRIES SECRETARY 1.00
Officer Director
$0 $0 $0
SCOTT BILLEADEAU BOARD MEMBER 2.00
Director
$0 $0 $0
DR JOHN DOWDLE BOARD MEMBER 1.00
Director
$0 $0 $0
DR DAVID DRIES BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL TAD ELDREDGE BOARD MEMBER 1.00
Director
$0 $0 $0
MARY HARENS BOARD MEMBER 1.00
Director
$0 $0 $0
VERY REVEREND JOSEPH JOHNSON BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREW KUHRMEYER BOARD MEMBER 1.00
Director
$0 $0 $0
DR PAUL KUHRMEYER BOARD MEMBER 1.00
Director
$0 $0 $0
URSULA KUHRMEYER BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK RYAN BOARD MEMBER 1.00
Director
$0 $0 $0
WESLEY SANDHOLM BOARD MEMBER 1.00
Director
$0 $0 $0
CAY SHEA-HELLERVIK BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $474,795 $477,199 $1,040,335 $-2,404
2024 $873,521 $1,686,915 $1,040,767 $-813,394
2023 $351,116 $218,460 $1,854,757 $132,656
2022 $279,672 $400,019 $1,729,012 $-120,347
2021 $226,804 $266,527 $1,841,340 $-39,723
2020 $229,823 $256,948 $1,881,063 $-27,125
2019 $371,082 $311,924 $1,916,332 $59,158
2018 $305,270 $110,205 $1,852,121 $195,065
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